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Helios to invest AED3.67b in Kizad ammonia plant

ABU DHABI / WAM Khalifa Industrial Zone Abu Dhabi (Kizad), a subsidiary of Abu Dhabi Ports, on Tuesday announced the formation of a green ammonia production facility, targeting regional and international markets. Helios Industry, a privately-owned special project vehicle company (SPV), plans to invest over AED3.67 billion in the construction of the facility over several years, which it aims to ...

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DP World to expand energy efficiency collaboration with Etihad ESCO

DUBAI / WAM DP World, UAE Region, and Etihad Energy Services Company (Etihad ESCO), a wholly-owned subsidiary of Dubai Electricity and Water Authority (Dewa), announced plans to expand their ongoing energy efficiency collaboration into renewable solar power installations across DP World’s assets in the UAE. They signed a Memorandum of Understanding during a virtual ceremony in the presence of Saeed ...

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Aldar launches ‘Noya Luma’ on Yas Island

ABU DHABI / WAM Aldar Properties (Aldar) has announced the launch of 189 standalone villas at Noya Luma on Yas Island. Noya Luma sits adjacent to the rest of the Noya community on the north side of the island and is open to buyers from all nationalities on a freehold basis. With significant interest registered in four-bedroom villas during the ...

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